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pharmaceutical industry has been investigated. The focus has been on the 1960s when the institutional conditions for innovation …
Persistent link: https://www.econbiz.de/10008764476
Electricity has been regarded as a typical example of a general purpose technology and important for the surge both in energy productivity and overall productivity in the American economy in the 1920s. This view was challenged by Nicholas and Moser (2004) based on patent statistics. We argue...
Persistent link: https://www.econbiz.de/10005148507
Efficiency in energy use is crucial for sustainable development. We use cointegration analyses to investigate the effect of electricity on energy productivity in Swedish industry 1930-1990. Electricity augmented energy productivity in those industrial branches that used electricity for multiple...
Persistent link: https://www.econbiz.de/10005077281